Shareholders approve merger of 3 companies into Lloyds Engineering Works

Nclt Scheme FiledListed Co AcquisitionStrategic Transactions View source PDF Explain this filing

LLOYDSENGG · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹96.75

prior close

₹96.50

announcement price

After-mkt

timing

Nifty Microcap 250market-1.7%-1.0% vs market

Industrial Products peers, median of 131sector-1.3%-1.4% vs sector

On the reaction day the stock moved 1.0 pts less than Nifty Microcap 250 and 1.4 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.5

10m

-0.9

15m

-1.2

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-1.7-1.0-1.3-1.4

Next day

-5.6-4.2-1.4-4.1-1.6

-9.7-5.2-4.4-4.9-4.8

-12.7-7.4-5.2-7.2-5.5

-13.9-7.0-6.8-7.7-6.2

-13.5-5.5-8.0-5.4-8.1

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15d

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UpDownMarket · Nifty Microcap 250Sector · Industrial Products peers, median of 131Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

LEWL shareholders approved the merger by absorption of three companies: Lloyds Infrastructure and Construction, Metalfab Hightech, and Techno Industries into Lloyds Engineering Works at an NCLT-convened meeting on Oct 16, 2026. The resolution passed with 99.96 percent of votes in favor and 0.04 percent against, clearing both the Section 230 majority and SEBI public shareholder tests. Next step is NCLT sanction.

Likely market impact

Merger moves closer to completion; still awaits NCLT sanction and other regulatory approvals before becoming effective.